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BRITISH AIRWAYS ANNOUNCES PRELIMINARY TRAFFIC AND CAPACITY STATISTICS FOR SEPTEMBER 1992

 BRITISH AIRWAYS ANNOUNCES PRELIMINARY TRAFFIC
 AND CAPACITY STATISTICS FOR SEPTEMBER 1992
 NEW YORK, Oct. 5 /PRNewswire/ -- British Airways (ADS-NYSE: BAB) scheduled revenue passenger miles (RPMs) in September increased by 8.7 percent compared with the previous year, with scheduled available seat miles (ASMs) up by 10.0 percent. The 75.0 percent scheduled passenger load factor for the month was down by 0.8 points compared with the previous year.
 Intercontinental capacity (ASMs) increased by 10.7 percent in September, with UK/Europe up by 7.3 percent compared with the previous year. Traffic growth (RPMs) of 9.5 percent on intercontinental services and 5.8 percent on shorthaul services, produced passenger load factors of 76.3 percent and 69.7 percent respectively.
 Traffic growth in September was focused on the main cabin of the aircraft, with premium traffic for the month falling below the level of the previous year following two months of growth in July and August.
 Cargo traffic (CTMs) carried on British Airways scheduled services in September increased by 6.0 percent compared with the previous year, with total scheduled revenue ton miles up by 8.2 percent.
 For the first six months of the financial year British Airways scheduled traffic increased by 14.8 percent compared with the previous year on a capacity
increase of 11.8 percent. The 74.6 percent scheduled passenger load factor was up by 1.9 points compared with the same period last year.
 Highlights Of The Month
 British Airways announced that it will acquire 49.9 percent of the leading French independent carrier TAT European Airlines (TAT) from its parent company, the TAT Group, for 17.25 million pounds sterling, subject to adjustment at the time of completion (likely to be in January
1993). The agreement is conditional upon regulatory approval, and gives the airline the option to acquire the remaining 50.1 percent of TAT on or before April 1, 1997.
 The airline was assigned one of the highest airline credit ratings in the world, by leading agencies Moody's Investor Services and Standard and Poors. In its first rating both agencies assigned British Airways an "A" grade or equivalent, with "outlook stable." Moody's assessment reflected the airline's "strong market share and competitive position, its solid financial performance and good debt protection measurements, and its pursuit of a long-term strategy
designed to position it as a global megacarrier." Standard and Poors assessment cited its "strong operating and marketing position and good financial strength."
 British Airways published its first annual environment report. The 40 page document catalogues the airline's performance in the main areas of environmental concern -- noise, emissions, waste, congestion, tourism and the community, and comes a little over a year since the first environmental review recommended production of an annual performance report.
 Also during the month at the American Society of Travel Agents' World Congress in Cairo, British Airways was the recipient of the second annual ASTA/Smithsonian Magazine Environment Award. The award honored the airline for "its significant contributions to preserving and protecting our environment."
 -0- 10/5/92
 /CONTACT: John W. Lampl of British Airways, 718-397-4729/
 (BAB) CO: British Airways ST: New York IN: AIR SU:


SM -- NY058 -- 6572 10/05/92 12:07 EDT
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Date:Oct 5, 1992
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